TIDMTRIC

RNS Number : 4613R

Tricor PLC

21 September 2017

21 September 2017

Tricor plc

("Tricor" or the "Company")

Company update

Further to its announcements on 3 October 2016, 3 April 2017 and 4 April 2017, the Company provides the following update.

The Company's shares were suspended on 3 April 2017 due to the resignation of two non-executive Directors. The Company will not be appointing any new directors prior to the date on which trading in the Company's shares on AIM will be cancelled.

The Company's shares were due to be suspended on 4 April 2017 pursuant to AIM rule 15. The Company will not be able to make an acquisition or acquisitions which constitute a reverse takeover under AIM rule 14 nor will it be able to seek re-admission as an investing company with the attendant requirement of raising at least GBP6 million prior to the date on which trading in the Company's shares on AIM will be cancelled.

If trading in the Company's shares remains suspended for a period of six months then trading in the Company's shares on AIM will be cancelled, pursuant to AIM Rule 41.

The Company also announces that it will not be in a position to publish and post its report and accounts for the 15-month period from 1 April 2016 to 30 June 2017 by 30 September 2017.

 
Tricor plc 
 Chan Fook Meng 
 CEO                             +65 6236 2985 
Allenby Capital Ltd (Nominated 
 Adviser & Broker)               +44 (0) 20 3328 
 John Depasquale/Richard Short    5656 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 21, 2017 08:29 ET (12:29 GMT)

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